Jeremy Allaire is the CEO of Circle, which is among the popular companies of cryptocurrencies. A well-known technologist in the USA, Allaire also served as the CTO of Macromedia.
Who is Jeremy Allaire?
Jeremy D. Allaire is an American technologist and internet entrepreneur. Born on May 13, 1971, Allaire is the CEO, founder and chairman of Brightcove, the digital currency company Circle. Together with his brother, JJ Allaire, he founded Allaire Corporation in 1995. Allaire Corp. had a successful IPO in January 1999 and was acquired by Macromedia in 2001. Allaire served as Macromedia’s CTO after the acquisition and helped develop Macromedia. MX platform (a suite of software tools and servers aimed at enabling rich applications delivered using Flash Player).
Allaire left Macromedia in February 2003 to join venture capital firm General Catalyst as a technologist and resident manager. In 2004, Allaire founded Brightcove, an online video platform used by many media and marketing organizations around the world. After a successful IPO in early 2012, Allaire stepped down as CEO in 2013 and now serves as chairman of the board.
In October 2013, Allaire announced the launch of Circle, an internet-based consumer finance company that aims to bring the power and benefits of digital money like Bitcoin to mainstream consumers.
Jeremy Allaire was educated in the Montessori tradition, which he says “formed in me a belief in self-directedness, independent thinking, peer cooperation, and responsibility.”
He graduated from Macalester College in 1993 with a degree in political science and philosophy with a concentration in economics. In Macalester, his college roommate and high school friend who worked for the campus IT group installed a high-speed Internet connection in their dorm room, allowing Allaire to access and try the Internet in its early days.
From 1990 until his graduation Allaire became obsessed with the internet and how it could be applied to transform communication and media systems, as well as its impact on fundamental human rights such as freedom of expression. He was an early follower of the Electronic Frontier Foundation and later appointed EFF founder Mitch Kapor to the board of Allaire Corporation.
In 1992 Allaire wrote a policy proposal for the creation of a National Information Network based on the National Research and Education Network (NREN, precursor to the commercial Internet) and proposed methods for commercializing access to IP services. The paper was presented to the Senate Science and Technology Subcommittee, which was later chaired by Al Gore.
In 1992 and 1993, Allaire, together with a college friend, launched the World News Report, which brings together news feeds and mailing list content from independent media sources on the Internet and provides a full-text indexed, browsable and searchable interface for independent access. developed an application.
Representation of cryptocurrency and Circle logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on June 10, 2022. (Photo by Jakub Porzycki/NurPhoto via Getty Images)Also, while in college, Allaire created NativeNet, a decentralized communication and collaboration platform for Native American tribal schools in the Midwest, built on top of UUCP, an early internet protocol for distributed communication.
In Macalester, Allaire became more politically active, finding a special interest in US foreign policy and global human rights issues, including the impact of the collapse of the Soviet Union, the rise of authoritarian capitalist regimes in the east, and the Balkan Wars.
After graduating from Macalester, Jeremy Allaire discovered that the internet was his “core passion” in his life. In the fall of 1993, he founded an Internet consulting firm called Global Internet Horizons, which aims to help media publishers and marketers understand and build a presence on the nascent World Wide Web.
In 1994-1996 Allaire collaborated with Noam Chomsky and his wife, Carol, to develop the first comprehensive online archive of Chomsky’s political work. Chomsky’s libertarian socialist and globalist views were echoed in Allaire.
